Indonesian Conglomerates and the State Logistics Board (Bulog) Free Essay, Term Paper and Book Report
The price of riceBulog had to feed Indonesia, pacify farmers, and support Suhartos industrialisation policy. What will happen to it now?Jeremy P Mulholland & Ken Thomas Bulog, the national logistics board that controls the supply of rice and other basic commodities, has as many enemies as it does friends. Some praise it for maintaining rice supplies in difficult circumstances while keeping the price down. Others (including the IMF) criticise it for monopolistic practices. Some argue that Article 33 of the Constitution obliges the state to control the supply of basic commodities. But it has been undeniably corrupt in performing its functions. Established on 11 May 1967, Bulog forms an important part of the New Orders economic history. Industrialisation was the Procrustean bed of all policy in that period, particularly from the early 80s. To promote industry, the government aimed to increase rice production while keeping prices low for consumers so they would not demand higher wages. To stimulate production, the government improved infrastructure, especially irrigation.Initially, the......
Word Count: 1589
Page Count: 6.3 (250 words a page / double spaced)
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